At this point in my life: I know that its always good to negotiate on price but also that people that are good at what they do, timely, good communicators, knowledgeable, ethical and honest deserve to make a reasonable profit. 

That is possible because he knows that although I want freedom to do as I please my work ethic will require that I give him value for his money.

Because you have to go through a RE agent in order to place a formal bid on a foreclosure, you’re reliant on the RE agent’s sense of morality, honesty and work ethic.

Brokers may know the rules and ethics in these situations, maybe someone will chip in.

You protect yourself from that by doing business in a legal and ethical way. 

The property is in the SLC area. my question is how can I structure this deal fairly and ethically for both of us?

. - The lack of lead time make its nigh impossible to evaluate if you have a normal day job.I am sure there are deals that are good, and there are reps who are ethical....but by in large it does not feel like a sustainable or practice "leads funnel" for building a sustainable real estate investment business and I would rather just completely ignore the use of wholesales and create my own marketing efforts for off market deals where I CAN do the proper due diligence.Is my opinion of wholesalers as a reliable and time effective way to get investments properties while properly being able to reduce risk on point or am I missing something?

Ethically, try not to evict them but help them with cost of moving and give them one month free rent.

He provides details that anyone with some work ethic and a desire to succeed can apply to become successful and set themselves up to be way ahead of the general population.

Again, you need to check the logistics and ethics of this arrangement with your association.